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Bitcoin Bank Bitwala Gains €13 Million in Funding
Summary: Bitwala, German-based Bitcoin bank, has received €13 million (roughly about $14.5 million) in funding. Half of the funds were provided by an international consortium composed of Sony Financial Ventures, Global Brain and NKB Group. The other half of the funds were provided by Earlybird Venture Capital and coparion. Bitwala claims that they have clients in ...
Bitwala, German-based Bitcoin bank, has received €13 million (roughly about $14.5 million) in funding. Half of the funds were provided by an international consortium composed of Sony Financial Ventures, Global Brain and NKB Group. The other half of the funds were provided by Earlybird Venture Capital and coparion. Bitwala claims that they have clients in all the countries of the European Economic Area and that they are the only bank that provides its customers with a free account including a Bitcoin wallet and trading services. Co-founder and CCO, Jan Goslicki, stated that “We started Bitwala to do something that nobody thought was possible: to connect Bitcoin and the conventional financial system while fulfilling the requirements of the strict German banking regulation.”
Author: Sofia Cabrera
Tags: Bitcoin,Bitwala,coparion.,Earlybird Venture Capital,Europe,European Economic Area,German,Global Brain,Jan Goslick,NKB Group,Sony Financial Ventures
Link: Bitcoin Bank Bitwala Gains €13 Million in Funding [Copy]
